GRMS | Global Risk Management Solutions Revenue and Competitors

GRMS | Global Risk Management Solutions is the recognized leader in providing global enterprise-wide risk assessments of suppliers, contractors and service providers. The primary difference between GRMS and data only providers like D&B, Thompson Reuters, etc. is that GRMS is not a "data source or searchable database," but rather a "technology-driven service company." Data source companies provide inexpensive raw data that has not been adjudicated, and they do not validate documents. GRMS provides services that include the adjudication of data, physical review of documents and a support system that assists suppliers to get into compliance with their client's risk assessment requirements. GRMS offers eight essential risk modules that are comprised of a subset of risk components targeting key areas of supplier risk. Each client can select the risk components that best meets their needs based on factors such as geography, risk and spend.